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You are very optimistic about the personal computer industry, so you buy 200 shares of Microtech Inc. at $45 per share. You are very pessimistic about the machine tool industry, so you sell short 300 shares of King Tools
Corporation at $55. Each transaction requires a 40 percent margin balance.
a) What is the initial equity in your account?b) Assume the price of each stock is as follows for the next three months (month-end).
Compute the equity balance in your account for each month:
Refer to the information from QS 21 6. How will the break even point in units change in response to each of the following independent changes in selling price per unit, variable cost per unit, or total fixed costs?
Identify whether you would treat them as a fixed or variable cost explain the reasoning for your classification based on the historical information and the planning you did for new marketing programs for the upcoming year,
Patriot Co. manufactures and sells three products: red, white, and blue.
1.Prepare a proper title for the annual manufacturing statement of Arctic Cat. Does the date match the balance sheet or income statement? Why?
Critically describe how managerial compensation can aid align the interests of shareholders and manager, and hence be effective in mitigating the costly consequences and effects of separation of ownership and control.
What would be the sales (in dollars) of Smashers, Bashers, and Dinkers for total sales calculated in parte?
Journalize the entry to record the division of net income for 2014 under each of the independent assumptions - prepare a schedule the division of net income
Read the attached article, published by AccountingWeb, in Appendix A about Tesco plc, a UK supermarket chain with interests throughout Asia, and read Note 12 to the financial statements on Property, Plant and Equipment.
At a volume off 15,000 units, a company's reported sales revenues of $600,000, variable costs of $225,000 and fixed costs of $120,000. What is the company's contribution margin ratio?
The pulse rates for 13 adult women were as follows. Construct a 0.98 confidence interval for the mean pulse rate.
Journalize the entries to close net income to the partners and journalize closing the partners' drawing accounts. Explanations are not required.
management is challenging. however dealing with people is probably the most difficult thing we will ever encounter in
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